News

Chinese Investment In Nigeria Falls 41 Percent Despite $20bn Investment Commitments

Chinese capital inflows into Nigeria fell 40.9 percent to $5.55 million in the first quarter of 2026, despite the Federal Government's announcement of more than $20 billion in investment commitments. China's share of Nigeria's total capital importation weakened...

Nigeria Needs A President Who Protects The Living — Atiku Renews Attack On Tinubu Over Insecurity

Atiku cites APC Senator Mohammed Tahir Monguno's comments to argue that concerns over security funding and budget implementation have now been validated from within the ruling party. Former Vice President alleges delayed releases to security agencies have worsened...

Stop Killing Nigerians – FG Confronts South Africa Over 98 Deaths, Demands Immediate Action

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Federal Government tells South Africa to end recurring attacks on Nigerians after revealing that 98 citizens have been killed in mob and hate-related violence over the past four years Abuja warns that continued xenophobic attacks threaten decades of...

NAICOM Recapitalisation: Insurers Race To Beat July 31 Deadline As Over 70 Percent Clear Verification

More than 70 percent of insurance companies have completed NAICOM's independent capital verification exercise, clearing one of the final regulatory hurdles ahead of the July 31 recapitalisation deadline. Most operators have also met the statutory deposit requirement with...

Fresh Relief For Troops As Tinubu Prepares Another Salary Increase

Defence Minister Christopher Musa says President Bola Tinubu is set to announce another salary increase for Nigerian soldiers, signalling a renewed push to improve troop welfare and morale. Musa reveals he championed the last salary review that doubled...

FG Launches Digital HR System, Ends Manual Staff Postings Across Civil Service

Federal Government launches digital HR modules on IPPIS, automating postings, promotions, leave applications, onboarding, and other personnel processes across the Federal Civil Service. Head of Service declares an end to lobbying for favourable postings, saying staff deployments will...

Nigerian Stock Market Slips as Profit-Taking Offsets Gains in Mid-Cap Stocks

The NGX began the week on a softer note as profit-taking in selected stocks nudged the benchmark index lower despite gains in 28 equities. CNIF led the gainers’ chart with a 9.95 percent rally, while SUNU Assurances and...

Fugitive Drug Kingpin, Ex-International Footballer Jailed 24 Years Over Cocaine Importation

Federal High Court in Lagos convicts fugitive drug kingpin and former international footballer over separate cocaine importation offences linked to a 10-year investigation. Ntoruka Emmanuel Chinedu receives a 22-year prison sentence after being re-arrested nearly a decade after...

Forged State House Letter Gave Adeyemi’s ‘Presidential Council’ Government Recognition, Reps Hear

House probe hears Adeniyi Adeyemi's purported Presidential Economic Advisory Council secured official government recognition after the Treasury acted on what was later discovered to be a forged State House letter. Accountant-General says the Office of the Accountant-General created...

Amotekun Has No Authority to Declare Any Nigerian Wanted – Court Declares

Ondo High Court rules Amotekun lacks statutory authority to independently declare any Nigerian citizen wanted, describing such action as contrary to due legal process. Court nullifies the wanted notice issued against three suspended Amotekun officers after upholding their...